Most of New Iberia is in Iberia Parish, where a full-time job needs to pay at least $20.74 an hour before taxes to take home four times the typical studio rent.
Across the 3 ZIP codes in New Iberia with HUD rent figures, studio rents run from $720 to $790 a month. At the middle rent, $730, a full-time job would need to pay $21.87 an hour before taxes.
What the standard would be at each ZIP code's own studio rent. The calculator and the official standard use the county figure.
| ZIP | County | Studio rent | Pay needed |
|---|---|---|---|
| 70560 | Iberia Parish | $720/mo | $21.54/hr |
| 70562 | Iberia Parish | $730/mo | $21.87/hr |
| 70563 | Iberia Parish | $790/mo | $23.81/hr |
Under the Four Times Rent standard, a full-time job in New Iberia needs to pay at least $20.74 an hour before taxes, about $43,130 a year. That is the figure for Iberia Parish, where the typical studio rent is $695 a month.
Yes. Across the 3 ZIP codes in New Iberia with HUD rent figures, studio rents run from $720 to $790 a month. At the middle rent of $730, the pay needed would be $21.87 an hour.
The minimum wage in Iberia Parish is $7.25 an hour. The Four Times Rent standard there is 2.9 times that.
The Four Times Rent standard: a month of full-time work (160 hours) should take home at least four times the typical rent on a studio apartment in the county where the work is done. Rents: HUD FY2027 Fair Market Rents. Taxes: 2026 federal and state income taxes plus Social Security and Medicare, for a single filer. Why four times rent? · Method and data downloads